How do i use these options IOC, CNC, REGULAR, MIS, BO, CO, DAY, etc when my objective is to hold the shares for years?

hElLO tRaDeR,

Use ONLY the CNC option when buying shares with an intention of holding it for days or years.

The rest of order types are for day trading.

IOC = IMMEDIATE OR CANCEL

CNC = CASH AND CARRY

REGULAR = REGULAR PRODUCT TYPE

MIS = MARGIN INTRADAY SQUARE OFF

BO = BRACKET ORDER

CO = COVER ORDER

DAY = ORDERS VALID ONLY FOR THE DAY.

GTC = GOOD TILL CANCELED.

1 Like

Is Zerodha providing gtc orders ?

GTC orders are not yet available on Zerodha Trading Platforms.